Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Significant Increase in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 28,400 shares, a growth of 1,406.6% from the April 15th total of 1,885 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 208,931 shares, the days-to-cover ratio is currently 0.1 days.

Daiwa House Industry Price Performance

Shares of OTCMKTS:DWAHY opened at $30.38 on Tuesday. The firm has a market capitalization of $20.04 billion, a PE ratio of 9.01 and a beta of 0.35. The business has a 50-day moving average of $31.76 and a two-hundred day moving average of $33.38. Daiwa House Industry has a 12 month low of $26.24 and a 12 month high of $38.72.

Daiwa House Industry (OTCMKTS:DWAHY) last announced its quarterly earnings results on Friday, February 13th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.55 by $0.42. The firm had revenue of $9.17 billion for the quarter, compared to analyst estimates of $8.83 billion.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.